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Property profile & analytics
FOR SALE
Residential income homes
231 Lehua St D Wahiawa, HI 96786
Individually Owned
18-yr Hold
Property ID
US24-0011032
For Sale
1 / 25
$868,000
231 Lehua St,Unit D, Wahiawa, HI 96786
View Listing →
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1961
Total area
1,560 SF
Lot
0.13 ac (5,830 SF)
Zoning code
B-2
APN
1-7-4-005-042
UPID
US24-0011032
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Erika R Baker · 18 yrs held
Erika R Baker
since 2008
2 recorded transactions
Zoning & alternative use
B-2 · Wahiawa, HI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Wahiawa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wahiawa submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,329
Tax year 2023
Assessed value
$664,500
Assessed 2024
Previous assessed
$664,500
+0.0% YoY
Effective rate
0.35%
On assessed value
Assessed land
$554,100
Assessed improvement
$110,400
Land market value
$554,100
Improvement market value
$110,400
Total market value
$664,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
For Sale
Year built
1961
Heating
NONE
Buildings
2
Stories
1
Units
4
Rooms
5
Bathrooms
1
Total area
1,560 SF
Lot
0.13 ac (5,830 SF)
Zoning code
B-2
APN
1-7-4-005-042
UPID
US24-0011032
Jurisdiction
HONOLULU
Zoning & alternative use
B-2 · Wahiawa, HIZoning B-2 · permitted uses
B-2 · Wahiawa, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1961
Heating
NONE
Stories
1
Buildings
2
Units
4
Rooms
5
Bathrooms
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Erika R Baker
Individual
Mailing address
331 NOELANI LOOP, HILO, HI 96720-5398
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2008
$666
Erika R Baker
Chiasson,carmenne A
Warranty Deed
—
Jan 16, 2007
$500,000
Anne Chiasson Carmenne
Darrel M Takahashi
Warranty Deed
$400,000 · Us Financial Mortgage Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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